Web3 & Development
Share
Nostraverse, a Metaverse app that was released in the Oculus Store earlier this year, is set to imminently open a subsidiary in the UAE, as blockchain and crypto projects continue to flock to the Emirates.
The leading B2B2G Metaverse Gateway and Transformation Partner emphasized that it will be opening its Dubai subsidiary in October to start providing professional solutions – ranging from onboarding, to team-building, to training and recruitment – to Governments and multi-national corporations (MNCs) alike.
Nostraverse Founder and CEO Sam Clever said that he decided to open a hub in the Emirates following Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum unveiling the Dubai Metaverse Strategy in May.
Sam Clever added that they plan to hire up to 100 employees in Dubai in the following 12 months, and he drew parallels between the Metaverse and the internet revolution.
“The industry totally underestimates the massive disruptive impact of the Metaverse. Ignorance will harm existence. Foresight enables a new world,” the tech entrepreneur said.
“The transformation into the Metaverse has begun! We will remember these times, similar to 1995 when the internet was established in companies”, he added.
Disclaimer of Warranty
The information provided in this article is for general informational purposes only. We make no warranties about the completeness, reliability, and accuracy of this information. Read full disclaimer
Sam Clever also noted that Nostraverse has already established a number of local partnerships, including a partnership with RMA Advisory.
The Government unveiled the Dubai Metaverse Strategy in May, seeking to capitalize on this sector’s tremendous growth potential to support the economy.
Specifically, the Dubai Government is aiming to create over 40,000 jobs and to increase its GDP by $4 billion by 2030 via this strategy.
The Dubai Metaverse Strategy is headed by Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.
He highlighted the importance of embracing the Metaverse to help cement Dubai’s position as a forward-looking, innovative city.
“The directives of Sheikh Mohammed bin Rashid to form a higher committee to supervise Dubai’s future technological developments reflect the importance of facing the future with an open mind,” the Dubai Crown Prince said earlier this year.
“The move will help us fully understand reality and explore unique ideas that will shape a brighter future for Dubai and the UAE, maximizing future business opportunities,” he added.
Editor's Picks

IMF Backs Tokenized Finance but Still Holds On to Legacy Control
Walid Abou Zaki
Apr 5, 2026
7 min

Franklin Templeton’s 250 Digital Deal Signals a Shift Toward Active Crypto Management
Walid Abou Zaki
Apr 1, 2026
5 min

VARA Introduces Virtual Asset Derivatives Framework As Dubai Deepens Market Maturity
Walid Abou Zaki
Mar 31, 2026
7 min
Read More Articles

Solana Responds to DeFi Exploits With STRIDE Security Framework
News Desk
Apr 7, 2026
3 min

VARA Granted RIV a License, as Attention Turns to the Broader Structure
Walid Abou Zaki
Apr 7, 2026
5 min

Iran War Highlights Growing Role of Prediction Markets in Crypto
News Desk
Apr 7, 2026
3 min

OCCRP Report Puts World Liberty Financial’s Credibility to the Test
Walid Abou Zaki
Apr 7, 2026
5 min